Investment interest in Solana (SOL) spot ETFs traded in the US continues to strengthen. According to data shared by SoSoValue, Solana spot ETFs saw net inflows of $23.66 million on November 20th. This reflects the recent surge in institutional demand.
Solana Spot ETFs See $23.66 Million Net Inflow in a Single Day in the US
The Bitwise SOL ETF (BSOL) recorded the highest daily net inflows, attracting $20.12 million in a single day. This strong performance brings BSOL's historical net inflows to $444 million, demonstrating that the fund is highly favored by investors.
The Fidelity SOL ETF (FSOL) ranked second, recording net inflows of $2.34 million on November 20. The fund's total historical net inflows reached $9.84 million.
According to the data, at press time, the total net asset value of Solana spot ETFs is measured at $745 million. Solana's net asset ratio in the funds is 1.00%. Furthermore, cumulative net inflows into Solana spot ETFs reached $500 million, marking a significant milestone.
Analysts state that the recent increase in interest stems from both the strengthening of expectations for the Solana ecosystem and the fact that institutional investors are turning to alternative assets despite the volatile course of the market.
This is not investment advice.